AEP says it is "committed to completing its review of potential alternatives for River Operations as promptly as practicable. There are no assurances that any particular alternative will be pursued or that any transaction will occur, or on what terms. The company does not plan to release additional information about the status of the review of alternatives until a definitive agreement is entered into or the process is otherwise completed."

With a fleet of over 2,900 hopper barges, 40 tank barges and over 80 tow boats, AEP River Operations is one of the largest U.S. inland marine transportation companies providing transportation services for bulk commodities, coal and liquids.